Saturday, November 7, 2009

Climbing out of recession in Asia


Every country has been trying to wiggle it way out of the recession. Amazedly most of the Asia countries have pulled out of the deepest recession since the Asian financial crisis. The top countries pulling out of the recession is: South Korea, Japan, Singapore, Hong Kong, and China. While country like Thailand been trying so hard to get back on its feet, it experiences the worst recession in 11 years in the second quarter. Surrounding country try to help each other which benefit both sides in diplomatic and social gain. Countries like Russia has not been as fast as the other Asia country, but have put recession to the past with a third quarter growth.

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